162 Wright Road Rd · Ridgeland, SC 29936

$250,000

4 bd · 2.0 ba · 1,680 sqft · Land · 1 Days on market

Built 2025 1.13 ac lot

---

Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +15.0/30.0
• Appreciation +10.0/10.0
• ARV discount +7.5/15.0
• DSCR +4.6/10.0
• 1% rule +4.1/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.4/10.0

Listing remarks MLS

Bring your RV's, work equipment trucks, and Campers, as this little piece of paradise has no restrictions. Welcome to 162 Wright Road, located in the beautiful and desirable Ridgeland. Built in 2025, this properly features a 4 bedroom, 2 bath mobile home that is ready for its new owners. Also featured is a living room area, den, and a well-appointed kitchen, complete with an island. This property is 1.13 acres, with an additional acre available for $70,000, perfect for enjoying Lowcountry afternoons or hosting in a setting that feels open, peaceful, and private - Priced to sell at $235,000

Key facts

• Living room area
• Den
• 1.13 acres

Tags

• 1.13 ACRES
• WELL-APPOINTED KITCHEN
• LIVING ROOM AREA
• DEN

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath land listed at $250k.

Deal economics

• At list price, monthly cash flow is $78 ($942/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $229k (8.5% below list).
• Recommended offer: $229k (8.5% below list) — sets the bar for 1% rule.
• Cap rate 6.7% vs local median 4.5% in Ridgeland — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 68/100 on livability (#81 in SC) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+, housing B+; Watch: schools F, crime D-, amenities F.
• Jasper 01 (rural): math 12% / reading 22% proficiency, ranked #77 of 80 in SC (top 96%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 78% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 358 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 1,385 units permitted in Jasper County in 2024 (0 in 5+ unit buildings).
• At $2,286/mo this rent would consume 56% of the median local household income ($49k/yr) (locally 395% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• In year one you build about $27k of equity ($2k loan paydown + $25k appreciation (10.0% local appreciation)).
• Jasper County population projected at +46% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (10.0% appreciation + 3.0% rent growth), your $70k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 2, paydown + projected appreciation supports a ~$43k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
• 5 sale attempts since 4y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 97% chance of damaging wind over 30y; severe wildfire risk; extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $228,628 (8.5% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
3. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
4. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
5. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
6. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.91% ✗
• Cap rate: 6.67%
• Cash-on-cash: 1.35%
• DSCR: 1.06
• GRM: 9.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 25.3%
• Equity multiple: 3.02×
• Total profit: $141,189
• Equity at exit: $225,220

10-year hold

• IRR: 22.3%
• Equity multiple: 6.88×
• Total profit: $411,916
• Equity at exit: $485,695

Cash invested: $70,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 90 Strongly Landlord-Friendly
• State South Carolina: 90 Strongly Landlord-Friendly · R+6
• County: — inherits STATE
• City: — inherits STATE

5-day notice; preempted; landlord-favorable.

Methodology + full state rankings →

ZIP-level market 29936

• Home prices YoY: 33.1%
• Active inventory: 358
• Price-to-rent: 9.1×

Monthly cashflow live

• Estimated rent: $2,286 medium
• Mortgage (P&I): −$1,311
• Tax est. 1.5%: −$312 /mo · $3,750/yr
• Insurance: −$104
• HOA: −$0
• Vacancy / Maint / Mgmt: −$480
• Net cashflow: $78

Break-even live

Break-even rent $2,187

Max offer price $250,000

Occupancy floor 92%

Sensitivity live

Price	-10% $251	-5% $165	+0% $78	+5% $-8	+10% $-94
Rent	-10% $-102	-5% $-12	+0% $78	+5% $169	+10% $259
Rate	-1.0pp $204	-0.5pp $142	base $78	+0.5pp $14	+1.0pp $-52

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $62,500
• Closing costs: $7,500
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
205 Hill Rd Ridgeland, SC	3.0	2.0	1200	$1,500	$1.25	14d	1	0.47mi

Listing history 11 events

1. 2026-04-10
   soldstatus $250,000 Closed 596-char remark

   Show marketing remark (596 chars)

   Bring your RV's, work equipment trucks, and Campers, as this little piece of paradise has no restrictions. Welcome to 162 Wright Road, located in the beautiful and desirable Ridgeland. Built in 2025, this properly features a 4 bedroom, 2 bath mobile home that is ready for its new owners. Also featured is a living room area, den, and a well-appointed kitchen, complete with an island. This property is 1.13 acres, with an additional acre available for $70,000, perfect for enjoying Lowcountry afternoons or hosting in a setting that feels open, peaceful, and private - Priced to sell at $235,000

2. 2026-03-01
   status Pending
3. 2026-03-01
   listed $250,000 Active
4. 2026-02-27
   status Pending 596-char remark

   Show marketing remark (596 chars)

   Bring your RV's, work equipment trucks, and Campers, as this little piece of paradise has no restrictions. Welcome to 162 Wright Road, located in the beautiful and desirable Ridgeland. Built in 2025, this properly features a 4 bedroom, 2 bath mobile home that is ready for its new owners. Also featured is a living room area, den, and a well-appointed kitchen, complete with an island. This property is 1.13 acres, with an additional acre available for $70,000, perfect for enjoying Lowcountry afternoons or hosting in a setting that feels open, peaceful, and private - Priced to sell at $235,000

5. 2026-02-25
   price $250,000 596-char remark

   Show marketing remark (596 chars)

   Bring your RV's, work equipment trucks, and Campers, as this little piece of paradise has no restrictions. Welcome to 162 Wright Road, located in the beautiful and desirable Ridgeland. Built in 2025, this properly features a 4 bedroom, 2 bath mobile home that is ready for its new owners. Also featured is a living room area, den, and a well-appointed kitchen, complete with an island. This property is 1.13 acres, with an additional acre available for $70,000, perfect for enjoying Lowcountry afternoons or hosting in a setting that feels open, peaceful, and private - Priced to sell at $235,000

6. 2026-01-21
   listed $235,000 Active 596-char remark

   Show marketing remark (596 chars)

   Bring your RV's, work equipment trucks, and Campers, as this little piece of paradise has no restrictions. Welcome to 162 Wright Road, located in the beautiful and desirable Ridgeland. Built in 2025, this properly features a 4 bedroom, 2 bath mobile home that is ready for its new owners. Also featured is a living room area, den, and a well-appointed kitchen, complete with an island. This property is 1.13 acres, with an additional acre available for $70,000, perfect for enjoying Lowcountry afternoons or hosting in a setting that feels open, peaceful, and private - Priced to sell at $235,000

7. 2024-09-16
   listed $195,000 Active
8. 2024-09-13
   listed $195,000 Active
9. 2023-01-14
   historical
10. 2022-12-04
    historical Active Under Contract
11. 2022-11-28
    listed $150,000 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 8/10 Severe
• 🌡 Heat 8/10 Severe 7 d/yr ≥109°F today · 17 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 97% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $27,435
• − Mortgage interest: −$14,004
• − Property taxes: −$3,750
• − Insurance: −$1,250
• − Repairs & maintenance: −$2,195
• − Management: −$2,195
• − Depreciation: −$7,273
• Taxable loss: −$3,231
• Est. tax savings @ 24.0%: +$775
• After-tax cash flow: $1,717/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Jasper 01
• NCES district ID: 4502520
• Math proficiency: 12% ▼ -11.00%
• Reading proficiency: 22% ▼ -5.00%
• Median HH income: $37,878
• Composite: 14.23/100
• National rank: #9450
• State rank: #77 of 80 in SC

Livability — Ridgeland

• Score: 68/100
• State rank: #81
• US rank: #9324

Category grades

Amenities F Commute F Cost of living A+ Crime D- Employment D- Housing B+ Health & safety A+ User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Jasper County · 26,362 people
• City population: 14,989
• Metro: Hilton Head Island-Bluffton, SC
• Population (ZIP): 14,989
• Household income: $48,986
• Rent vs Own: 29.2% rent · 70.8% own
• Severe rent burden: 395.0

Population outlook (Jasper County) Hauer SSP2

• Today (2025): 34,428 people
• By 2030: 37,718 · +9.6%
• By 2040: 44,061 · +28.0%
• By 2050: 50,302 · +46.1%
• By 2075: 66,869 · +94.2%
• By 2100: 110,455 · +220.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.64)
• Race & ethnicity: Black 44% White 37% Hispanic / Latino 14% Two or more races 7%
• Hispanic origin (detail): Mexican 9% Puerto Rican 1%
• Common ancestry: Serbian 2% Lithuanian 1% Italian 1%
• Foreign-born: 8% · Canada
• Languages at home: 86% English-only · Spanish 13%

Political lean MEDSL · Jasper

• 2024 margin: Lean R (+9.6) · D 44.7% · R 54.3% · Other 1.0%
• 2008→2024 swing: -32.5pp toward R · 2008: 22.9pp · 2024: -9.6pp
• All cycles: 2024: R+9.6 2020: D+0.8 2016: D+11.9 2012: D+15.6 2008: D+22.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 88.70%
• Current HPI: 356.5493
• Rent YoY: —
• Metro: Hilton Head Island-Bluffton, SC
• State GDP YoY: ▲ 4.51%
• F500 in state: 2

Industry mix (Fortune 500 HQ in SC)

Industry	F500 HQs	Revenue
▸Packaging	1	$7B

Price history

+66.7% since first listed

11 events — show timeline

• 2026-04-10 Sold (MLS) $250,000 RSMLS
• 2026-03-01 Pending — Hive MLS
• 2026-03-01 Listed $250,000 Hive MLS
• 2026-02-27 Pending — RSMLS
• 2026-02-25 Price Changed $250,000 RSMLS
• 2026-01-21 Listed $235,000 RSMLS
• 2024-09-16 Listed $195,000 LRMLS
• 2024-09-13 Listed $195,000 RSMLS
• 2023-01-14 Listing Removed — Charleston Trident MLS
• 2022-12-04 Contingent — Charleston Trident MLS
• 2022-11-28 Listed $150,000 Charleston Trident MLS

Property tax history

-1.2%/yr

Latest (2025): $477 · -0.1% YoY. Source: county tax records.